Finding the Best Buy

Finding the Best Buy

Before starting this activity, review the Week 8 LEARN (e-Activity) and read Chapter 10 in the course text book. Doing this will give you the why to include in your response to the following:

Read Case Study 4 “Finding the Best Buy” (page 57)

Corporate governance has become a hot issue in the U.S. over the past two decades. From your analysis of the case study, determine two possible corporate governance challenges that might be faced by Best Buy as a result of its rapid growth and why they could become corporate governance issues.
Make recommendations for how Best Buy can overcome these challenges. Provide specific examples to support your response.
Book: Strategic Managment: Concpts and cases, competitivness, and globalization

Solution Preview

Issues related to corporate governance

There are various corporate governance issues that Best Buy are facing. The main challenge that they are facing is the loss of customers since most of them are complaining that they are selling their products very expensive compared to their competitors in the market.

(325 words)